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Home  / Insolvency News  / Page 6

Insolvency News

Insolvent Companies Now Free To Sue Fraudulent Directors

A significant and long-awaited judgement has ruled that directors guilty of wrongdoing can now be sued by insolvent companies. The ruling was made in the...
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Key Findings from the Q1 2015 Company Insolvency Statistics

The latest statistics from the Insolvency Service have been released depicting the corporate insolvency landscape from January to March 2015; and for business owners in...
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Company Insolvency Rule Changes Result in a Better Deal for Landlords

Changes to insolvency rules which are designed to reduce the cost of administrations and company liquidations will result in a better deal for landlords. The...
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VAT Conman Sunk after Investing Proceeds in Replica U-Boat

A businessman who funded a fantasy lifestyle by stealing from the public purse has had three businesses wound-up and been jailed for four years. An...
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HMRC investigation and disqualification of Tax Dodging Directors

We start the new tax year with two directors who have received a directors disqualification order and a bankruptcy restriction for failing to fulfil their...
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Administration, Liquidation and a 24 Year Ban for Marketing Chiefs

Three tax dodging directors have been handed a combined 24-year ban and had their businesses wound up for defrauding the public purse. Glenn Andrew Delaney,...
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Compulsory Liquidation for Investors’ ‘Recovery Service’

A company purporting to help victims of investment scams recover their money has been ordered into compulsory liquidation by the High Court on the grounds...
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Wrongful Trading Property Tycoons Disqualified for 10 years

A father and son team of would-be property tycoons have been banned from acting as directors for a combined 10-and-a-half years for failing to comply...
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Compulsory Liquidation for Six Firms Involved in £26.5million Scam

Six companies that were part of a scheme which abused the insolvency regime have been forced into compulsory liquidation by the High Court. The businesses...
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Winding up Petition reveals £1.5m VAT Scam

The director of a recruitment company for the construction industry has been disqualified for 11 years for his part in an elaborate VAT scam. Ravinder...
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Kent Entrepreneur of the Year Banned for Creating False Documentation before Company Liquidation

The former Kent Entrepreneur of the Year has been disqualified as a director for 12 years after failing to maintain his award-winning performance. Alan James...
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New Rules Cap Liquidation Fees

New rules laid out in Parliament on 3 March 2015, are to be introduced in England and Wales to improve the transparency of the costs...
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